So, as my name might imply, I love tech.Still have my TRS-80 Model III, along with various other toys from the early days of computing to now. Louis Rossmann is a MacBook board repair service company owner in New York City that I follow on YouTube (he has also done some videos on Right-to-Repair). I recently caught this episode, which is a part 2 (trying to find the first part), and he appears to be spot on in his assessment of the situation. Brief synopsis: Airline issues not caused by covid-19, covid-19 is the needle that burst their little buyback bubble. And the reason they do not want to go bankruptcy route? The shareholders would lose all their stock value…
Disclaimer: I know nothing about bankruptcy or stocks